Acquired Card Receivables (Tables)

3 Months Ended

Sep. 30, 2024

Acquired Card Receivables [Abstract]

Summary of Acquired Card Receivables by Class

Below is a summary of the acquired card receivables by class (i.e., past due status) as of the dates presented (in thousands):

	September 30, 2024		June 30, 2024
Current and less than 30 days past due	$	637,986	$	706,026
30 ~ 59 days past due	5,918		4,277
60 ~ 89 days past due	4,118		3,393
90 ~ 119 days past due	4,868		4,093
Over 119 days past due	252		310
Total	$	653,142	$	718,099

Summary of Change in Allowance for Credit Losses

Below is a summary of the changes in allowance for expected credit losses (in thousands):

	Three Months Ended September 30,
	2024		2023
Balance, beginning	$	20,883	$	15,498
Provision for expected credit losses	15,171		11,975
Charge-off amounts	(13,028)		(9,791)
Recoveries collected	1,842		831
Balance, ending	$	24,868	$	18,513